The problem with wind power is…it makes electricity too cheap!

Thanks almighty to The Oil Drum for a brilliant parsing of the news. They quote a Bloomberg News article stating,

After years of getting government incentives to install windmills, operators in Europe may have become their own worst enemy, reducing the total price paid for electricity in Germany, Europe’s biggest power market, by as much as 5 billion euros some years, according to a study this week by Poeyry, a Helsinki-based industry consultant…

…which The Oil Drum then recognizes as meaning WIND POWER REDUCES THE COST OF ELECTRICITY TO CONSUMERS. Bloomberg News, to its credit, afterwards recognized the pro-industry bias in its article. AFTER TWO REWRITES, the article now says:

“We’re seeing that wind energy lowers prices, which is great for the consumers,” Kjaer said at his group’s conference in Warsaw this week. “We as producers have to acknowledge that this means operating the existing plant fewer hours a year, and this has an effect on investors” and profit.

So from now on, whenever you see ANY objections to wind power voiced by ANYONE, it’s reflecting the impact on THEIR bottom line – not yours.

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